RES NO 02-02-2011 R ARKANSAS
RESOLUTION CITY OF VAN BU NO. EN, oa 2011
A RESOLUTION ADOPTING A REVISED BUDGET FOR THE YEAR
ENDING DECEMBER 31, 2010.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN
BUREN ARKANSAS:
THAT, 2010 Current year's revenues of $16,127,470.64 (Sixteen
Million, One Hundred Twenty -Seven Thousand, Four Hundred Seventy
Dollars and Sixty -Four Cents) are appropriated and a copy of said
Budget is attached hereto and made a part hereof;
THAT, Transfers from General Fund to the Street Fund in the
amount of $1,033,483.53 (One Million, Thirty -Three Thousand, Four
Hundred Eighty -Three Dollars and Fifty -Three Cents) are approved;
and
THAT, Transfers from General Fund to the King Opera House
Fund in the amount. of $10,200.00 (Ten Thousand Two Hundred
Dollars) are approved; and
THAT, Transfers from General Fund to Federal Forfieture Fund
in the amount of $247.38 (Two Hundred Forty -Seven Dollars and
Thirty -Eight Cents) are approved; and
THAT, The Transfer from FEMA Fund to General Fund in the
amount of $8,991.35 (Eight Thousand, Nine Hundred Ninety -One
Dollars and Thirty -Five Cents) is approved; and
THAT, The Transfer from FEMA 2008 Storms to General Fund in
the amount of $196,581.11 (One Hundred Ninety -Six Thousand, Five
Hundred Eighty -One Dollars and Eleven Cents) is approved; and
THAT, Transfers from the LOPFI Fund to General Fund in the
amount of $350,870.52 (Three Hundred Fifty Thousand, Eight Hundred
0 Seventy Dollars and Fifty -Two Cents) are approved; and
THAT, Transfers from the Fire Department Safer Grants Fund to
General Fund in the amount of $114,677.10 (One Hundred Fourteen
Thousand, Six Hundred Seventy -Seven Dollars and Ten Cents) are
approved; and
THAT, The Transfer from the King Opera House Fund to General
Fund in the amount of $7,625.46 (Seven Thousand, Six Hundred
Twenty -Five Dollars and Forty -Six Cents) is approved; and
THAT, Transfers from the Street Fund to General Fund in the
amount of $75,000.00 (Seventy -Five Thousand Dollars) are approved;
and
THAT The Transfer from the Library Fund to the Library Sales
Tax Fund in the amount of $45.00 (Forty -Five Dollars) is approved;
and
THAT, 2010 Current year's expenditures of $16,734,166.96
(Sixteen Million, Seven Hundred Thirty -Four Thousand, One Hundred
Sixty -Six Dollars and Ninety -Six Cents) including expenditures from
prior year's balances are appropriated as follows:
General Fund $12,317,531.11 (which include Capital
Improvements Money in the amount of $1,821,582.36 (One Million,
Eight Hundred Twenty -One Thousand, Five Hundred Eighty -Two
Dollars and Thirty -Six Cents) (Administration $26,832.47; Police
Department $74,641.20; Fire Department $304,000.00; Storm
Disaster Recovery $22,750.00; Street Department (In House)
$255,598.44, (Street and Drainage) $477,277.25; Water and Sewer
$240,000.00; Parks Recreation $177,254.34; Library $200,000.00;
Cemetery $10,000.00; King Opera House $33,228.66);
Municipal Judge Court Clerk Ret. Fund $19,674.57;
Street Fund $1,477,442.68;
FEMA $8,991.35;
FEMA 2008 Storms $196,581.11;
Federal Forfeiture $3,754.89;
Library $12,851.71;
Library Sales Tax $1,164,859.72;
Sidewalk Construction Fund $394.11;
CO LOPFI Fund $874,176.34;
ACEDP Grant #790 0837 -05) $127,041.40;
ACEDP Grant #790 08470 -06) $145,917.85;
ACEDP -CGB #790 08559 -08) $116,095.55;
VB Energy Grant 2010 $13.50;
Fire Dept. Grant (Safer) $240,553.10;
King Opera House Fund $28,287.97; and
THAT, all expenditures are approved and a copy of the Revised
Budget is attached hereto and made a part hereof.
PASSED AND APPROVED THIS ag DAY OF FEBRUARY 2011.
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CITY CLERK- TREASURER T
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